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Introduction
European Union (EU) came into existence on March 25, 1957 as a result of the treaty of EEC with the name of European Economic Community (EEC) and then European Common Market. The eventual(prenominal) objective of creation of the EU by dint of this treaty is to take on harmonious development in the economic activities. Along with this, it is organise to increase stability, balanced and continuous expansion, uplifting standard of financial backing and creating closer and stronger relations between the states of the EU. These objectives can be achieved through creation of a common market which facilitates free hunting expedition of goods by eradicating the tidy sum barriers. As a result, EU states forget not impose any trade restriction on member states in relation to imports and exports of goods (Dedman 2010).

In spite of short-lived more than fifty years, these objectives of EU creation have not been achieved till date. The free movement of goods within the EU is dumb a tough target to achieve. There are diverse hurdles which impede the free movement of goods in the European Union. The main hurdle among them is interpretation prevalent provision of the adept barriers under Article 28 and 29 by the European Court of Justice (the ECJ).



Another hurdle is related with the exceptions to the general provisions of Article 28 and 29 that is based on Article 30 and the mandatory requirements of Cassis de Dijon which is arising from the ECJ (Lelieveldt and Princen 2011). Furthermore, parallel import is mavin of the major phenomena in the international trade because on the unity hand, it follows market laws strictly and on the other hand it is not completely controlled by the law of market. The dilemma is that producers indirect request to allege a difference in the prices of the goods among different countries whereas consumers want to allowance same price as EU claims for removal of trade barriers. Here, parallel import can be defined as goods which are produced and sold legally and then subsequently exported....If you want to get a full essay, order it on our website: Ordercustompaper.com



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